Auditing is continually changing and developing to meet the needs of the business environment it serves. The role of auditing towards organizational success have attracted comment on the front pages of national newspapers, rather than in just the financial pages have even led on occasion to question and statement in parliament.
This coverage has not always been good news for the auditing profession, but it does indicate a heightened awareness in society of the potential importance of what auditors do. It also reflects the way in which auditing practice and the activities of audit firms have developed and expanded business especially Anamco Ltd. Enugu.
While at one time auditing was generally regarded as a procedural activity involving the application of mechanical techniques, there is now greater realization that both the purpose an the execution of an audit are far from simple matters.In view of the above fact the study was designed to examine Auditing as an instrument for organizational success in Anamco Ltd. Enugu. In the course of the research oral interview and questionnaire were adopted as the main instruments for collecting data for the study. The data collected were tabulated, analyzed and interpreted. From the analysis some revelations were made. Base on the revelations some recommendations were made to eliminate or ameliorate Audit department of the corporation.
TABLE OF CONTENT
Title Pageii
Approval Pageiii
Dedicationiv
Acknowledgementv
Abstract vii
Table of Content ix
CHAPTER ONE
1.0 Introduction1
1.1 Statement of Problem 4
1.2 Purpose of the Study4
1.3 Significance of the Study4
1.4 Statement of Hypotheses5
1.5 Scope of the Study6
1.6 Limitation of the Study6
1.7 Definition of Terms 7
CHAPTER TWO
2.0 Definition of Auditing 8
2.1 Objective of Auditing11
2.2 Types of Auditing 11
2.3 Reliance of Internal Auditing to External Auditors 17
2.4 Auditing as a measure for Controlling Fraud 19
2.5 The Future of Auditing22
2.6 Auditors Liability 23
2.7 Audit Report 30
Reference32
CHAPTER THREE
3.0 Research Design and Methodology33
3.1 Selection of population33
3.2 Sample Used33
3.3 Method of Investigation 34
3.4 Techniques of data collection35
CHAPTER FOUR
4.0 Data Presentation and Analysis 36
4.1 Questions, Presentation and Analysis36
4.2 Test of Hypothesis 49
CHAPTER FIVE
5.0 Summary of Findings, Conclusion and Recommendations 52
5.1 Summary of Findings 52
5.2 Conclusion55
5.3 Recommendations 56
5.4 Suggestion for further study57
Bibliography 58
Appendix (Questionnaire)60
AUDITING AS AN INSTRUMENT FOR ORGANIZATIONAL SUCCESS (A CASE STUDY OF ANAMCO LTD. ENUGU)
ABSTRACT Auditing is continually changing and developing to meet the needs of the business environment it serves. The role of auditing towards organizational success have attracted comment on the front pages of national newspapers, rather than in just the financial pages have even led on occasion to question and statement in parliament. This... Continue Reading
ABSTRACT Auditing is continually changing and developing to meet the needs of the business environment it serves. The role of auditing towards organizational success have attracted comment on the front pages of national newspapers, rather than in just the... Continue Reading
ABSTRACT Auditing is continually changing and developing to meet the needs of the business environment it serves. The role of auditing towards organizational success have attracted comment on the front pages of national newspapers, rather than in just the... Continue Reading
(A CASE STUDY OF ANAMCO LTD. ENUGU) ABSTRACT Auditing is continually changing and developing to meet the needs of the business environment it serves. The role of auditing towards organizational success have attracted comment on the front pages of national newspapers, rather than... Continue Reading
1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY The cradle of business organisation revealed that most business set ups were managed by their owners. The ownership manager was the financial provider and contribution to the enterprise, but with the advent of large scale production and development in scope and in scale of business, a huge capital... Continue Reading
1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY The cradle of business organisation revealed that most business set ups were managed by their owners. The ownership manager was the financial provider and contribution to the enterprise, but with the advent of large scale production and development in scope and in scale of business, a huge capital... Continue Reading
INTRODUCTION 1.1 General introduction and background of the study The management of an organization’s capital relates to the finance and investment of non-human resources, that is, physical and monetary assets, for the purpose of maximum benefit in terms of profitability. According to Frear (1980) profitability is determined in part by the way... Continue Reading
INTRODUCTION 1.1 General introduction and background of the study The management of an organization’s capital relates to the finance and investment of non-human resources, that is, physical and monetary assets, for the purpose of maximum benefit in terms of profitability. According to Frear (1980) profitability is determined in part by the way... Continue Reading
EVALUATION OF CASH AND CREDIT MANAGEMENT POLICIES AS AN INSTRUMENT FOR AVOIDING ILLIQUIDITY AND LIQUIDATIONS (A CASE STUDY OF ANAMCO, ENUGU STATRE) PROPOSALS This research work is designed to find out the magnitude to which cash and collectibles bear to the firms total working capital and to discuss as far as possible the extent to which improper... Continue Reading
ABSTRACT The study was carried out essentially to find out the place of internal auditing as on instrument of effective management, taking IMT, Enugu as a case study. It looked into the extent the internal audit has faired in this role, the definitions and objectives of internal audit. Four research question were analyzed to establish the... Continue Reading